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Annual inflation remains 3% but fresh produce down 1%

- General News
The fresh fruits and vegetables index dropped 0.5 percent over the past 12 months and dropped 1.5 percent from May to June.

The Produce Reporter Week in Review – June 28, 2024

- Analysis
Pamela's on vacation but the Week in Review must go on. Save Mart has a new owner, Independence Day BBQ parties cost more and consumers are getting fed up with inflation, but many retailers are promoting big sales for the holiday.

Farm Bureau: Record-high July 4th cookout costs as inflation hits the backyard

- General News
Americans will be gathering on the Fourth of July for a day of fireworks, food, parades and more. But as you celebrate with your friends and family this Independence Day, your cookout bill will be a bit higher.

Rabobank: Consumers battle fatigue over food inflation

- General News
When it comes to their stamina for paying historically high food prices, U.S. consumers are gassed, according to a Rabobank BBQ Index report.

Americans use money-saving strategies when dining out, research shows

- General News
With dining costs on the rise, Americans are getting creative to save a few bucks when eating out, according to the latest research from Lightspeed Commerce Inc., the one-stop commerce platform empowering merchants to provide the best omnichannel experiences.

Changing shopping trends presents opportunity for fresh produce marketers 

- General News
Pandemic and generational inflation has caused American grocery shoppers to change their behaviors, said Circana's Jonna Parker during a Foundation for Fresh Produce webinar.

U.S. consumer confidence rose in May

- General News
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current business and labor market conditions—increased to 143.1 (1985=100) in May from 140.6 in April.

Target lowers prices on 5,000 frequently shopped items

- Retail
Target Corporation announced today it will lower everyday regular prices on approximately 5,000 frequently shopped items across its assortment.

Annual inflation remains 3.4%, but produce only 1.7%

- General News
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today.

FMI report delves into value-seeking consumer behavior

- Retail
FMI's research found while half of shoppers surveyed say they are looking for more deals, only 32% are buying fewer items.